Pending home sales jumped by a record 44% in May, according to the National Association of Realtors. That’s the biggest one month jump since the survey started in 2001.
Transaction volume is returning to normal, but the experience of buying and selling is anything but conventional.
‘Point and click’ home buying on the way
As with other industries, Covid-19 has accelerated technological trends. Rascoff, who recently launched dot.LA, a news site covering Southern California’s burgeoning tech scene, is seeing transformational changes in the marketplace, driven by meaningful technological advancements.
“Things like virtual tours, transaction management – that’s entirely online –